A year after designing the Clover POS System, Clover Network Inc. and its parent company First Data Corporation worked closely with Apple Inc. to prepare for the launch of Apple Pay in October 2014.

Conceptually similar to PayPal and Google Wallet, Apple Pay allows certain Apple mobile device users to make payments at retail stores and checkout online. This procedure incorporates the use of mobile money – an alternative form of financially regulated payment that allows users to pay for goods via mobile phones.